WASHINGTON (Reuters) – The United States Federal Reserve bought $ 428 million in bonds from individual companies through mid-June, making investments in names known as Walmart and AT&T, as well as in major oil companies, tobacco giant Philip Morris. International Inc and a utility subsidiary of billionaire holding Warren Buffett’s …
Read More »Germany’s embattled Wirecard to continue business after insolvency
BERLIN (Reuters) – Wirecard, the German scandal payments company, said on Saturday that it will continue commercial activities after filing for bankruptcy and hopes that judicial authorities will soon appoint a provisional administrator. FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and private label solutions for …
Read More »Filipino Lawyer Says He Has Been Charged For Wirecard’s Lost Billions
MANILA / SINGAPORE (Reuters) – A Filipino lawyer involved in a billion-dollar Wirecard fraud Mark Tolentino told Reuters he was surprised to be linked to the German payments firm and was “the victim of a trap.” . ” Lawyer Mark Tolentino poses in Makati City, Metro Manila, Philippines, in this …
Read More »Don’t assume the United States still aspires to be a world leader, warns Merkel | World News
The rest of the world can no longer assume that the United States still aspires to be a world leader and needs to readjust its priorities accordingly, Angela Merkel warned. “We grew up knowing that the United States wanted to be a world power,” the German chancellor said in an …
Read More »Oil stocks and increases despite growing cases of coronavirus
LONDON (Reuters) – Markets showed signs of optimism on Friday, with the opening of European stocks and rising oil prices despite a record number of new COVID-19 infections in the United States. FILE PHOTO: A man in a protective face mask walks past the London Stock Exchange Group building in …
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